Based on the breakdown of Dupont Framework, which of the following statement is true regarding company x.

Below are the DuPont analyses of 2012 and 2013 for Company X. RETURN ON EQUITY (ROE) = PROFIT MARGIN ASSET TURNOVER LEVERAGE 2012 10.55% 2.60% 1.33 3.051 2013 11.74% 1.80% 2.27 2.873 Based on the breakdown of the DuPont framework, which of the following statements is true regarding Company X? Company X is more profitable in 2013 than in 2012 O Company X has more assets in 2013 than in 2012 O Company X has a lower assets to equity ratio in 2013 than in 2012